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Tag: India
India and UAE to develop an interoperable CBDC between countries
India and the United Arab Emirates (UAE) have entered into a collaboration on central bank digital currencies (CBDCs), according to the official announcement published on March 15, 2023. The press rel...
India Brings Crypto Under Money Laundering Law: What Lies Ahead For Meme Coins Like Dogecoin and Big Eyes Coin
After imposing a 30% tax on gains generated from cryptocurrencies last year, the Indian government has now brought virtual digital assets like cryptocurrencies under the Prevention of money laundering...
Defied By A Rejuvenated Kohli, Australia Fall Short In Test Cricket’s Toughest Challenge
Virat Kohli took the match away from Australia (Photo by Robert Cianflone/Getty Images) Getty Images In a notable contrast to the firebrand of his youth, India superstar Virat Kohli calmly waved his b...
Ayala’s ACEN Earmarks $1.3 Billion In Capital Expenditures This Year To Support Asia-Pacific Expansion Plans
The wind mills in the northern Philippine province of Ilocos Norte are among the renewable energy … [+] assets owned and operated by Ayala Corp’s ACEN. JOEL NITO/AFP via Getty Images ACEN—...
India Brings Crypto Transactions Under Prevention of Money Laundering Act – Regulation Bitcoin News
India’s finance ministry has announced that crypto transactions will be covered under the Prevention of Money Laundering Act, 2002 (PMLA). Noting that the move “is a positive step in recognizing the s...
Vajram Exchange Chairman Confident Over Crypto Adoption in India
38 mins ago | 2 mins read Exchange News Vajraram Coin (VRC) is the native token of the Vajram exchange. The next stop of the Expo can be witnessed in Singapore. Vajram Exchange, a crypto exchange orig...
Three Colombian Women’s Brands That Should Definitely Be On Your Radar
Living in Miami, you get exposed to a lot of Colombian culture through the people who migrate here. While I haven’t been to the country yet, my friends who are from there or visit often have helped pi...
India Implements AML Standards on Crypto
In a move that is not entirely surprising, the Indian government has implemented anti-money laundering (AML) standards on crypto. The Ministry of Finance published a notification in The Gazette of Ind...
India To Include Money Laundering Provisions On Crypto Sector
According to a report from Reuters, the government of India has decided to introduce money laundering provisions in the crypto sector. The Finance Ministry released a notice on Tuesday stating that th...
Crypto Firms in India Now Considered ‘Reporting Entities’ on Par With Banks
19 seconds ago | 2 mins read Bitcoin News Know Your Customer standards will become more than simply a recommendation. Crypto and NFT businesses in India are now considered “reporting entities.” Despit...
World Record Test Cricket Crowd Tipped In India As Politics Plays Out In The Backdrop
Signage of Australian Prime Minister Anthony Albanese and Indian Prime Minister Narendra Modi will … [+] be visible during the fourth Test (Photo by Robert Cianflone/Getty Images) Getty Images T...
India Introduces Money Laundering Provisions for Crypto Sector
The Indian government has imposed money laundering provisions on the crypto sector in its latest move to tighten oversight of digital assets. Bloomberg reported that India’s Finance Ministry said on T...
Crypto regulation tightens in India as lawmaker makes this move – Cryptopolitan
Crypto regulation in India is tightening as the finance ministry has notified that crypto or virtual asset businesses will now be under the ambit of the Prevention of Money Laundering Act, 2002 (PMLA)...
India Introduces New AML Measures
The Indian government has put the crypto sector under Prevention of Money Laundering Act (PMLA). But is it a signal of greater regulation to come? According to the Ministry of Finance, all Virtual Dig...
India subjects crypto transactions to anti-money laundering law
While there’s nothing new in imposing anti-money laundering (AML) standards on crypto, it is only now that the Indian government has decided to notify all interested parties of the obligation to compl...
India explores offline functionality of CBDCs — RBI executive director
India’s recently launched in-house central bank digital currency (CBDC) — the digital rupee — is now being tested for offline functionality, revealed Ajay Kumar Choudhary, executive director of the Re...
India tests offline functionality of digital rupee
The Reserve Bank of India (RBI) is testing the offline functionality of its newly-launched central bank digital currency (CBDC), the digital rupee, according to Ajay Kumar Choudhary, the executive dir...
India Money Expo: 12-13 august 2023
Indian economy is expected to grow 5.9 percent in FY24 and is set to contribute 15% to the global economy. With the Largest traders and investor community, India ranks top 10 in the Online trading v...
India Seeks Balance In Crypto Regulation
Crypto regulation is the key focus area of the recent G20 summits under India’s presidency. Authorities are mulling over whether to ban or handle the fast-paced industry. Crypto Ban? India’s Finance M...
Oil Pushes Higher as China and India Combine to Boost Outlook
(Bloomberg) — Oil rose as data showing a strong recovery in Chinese factory activity reinforced the outlook for energy demand in the world’s biggest crude importer and offset concern about risin...
Kavita Rajwade On The New Era Of Podcasts In India With IVM
Kavita Rajwade is the co-founder of IVM podcasts in India. IVM Podcasts were common in the US as early as the 2000s, but India took a long, long time to catch up with the phenomenon. People had been e...
G20 Discusses Crypto Regulations Under India Presidency
During the time that India presided over the G20, the first meeting of its kind for the group’s Finance Ministers and Central Bank Governors (FMCBG) was conducted. At this meeting, key issues pe...
Asia’s Hunger For Energy Will Not Save Russia’s Economy
OSAKA, JAPAN – JUNE 28: (RUSSIA OUT) Russian President Vladimir Putin (L), Indian Prime Minister … [+] Narendra Modi (C) and Chinese President Xi Jinping (R) pose for a group photo prior t...
India Asks IMF and FSB for Joint Paper to Help Formulate ‘Comprehensive’ Crypto Policy – Regulation Bitcoin News
India has asked the International Monetary Fund (IMF) and Financial Stability Board (FSB) to develop “a synthesis paper” on crypto assets as part of the G20 meeting of finance ministers and central ba...
‘Shehzada’ Falls Short Of $4 Million In A Week
MUMBAI, INDIA – JANUARY 12 : Kartik Aaryan and Kriti Sanon attend the trailer launch of film … [+] ‘Shehzada’ on January 12, 2023 in Mumbai, India (Photo by Prodip Guha/Getty I...
India Calls For Unified International Crypto Policy at G20 Conference
9 seconds ago | 2 mins read Bitcoin News India asked other countries to consider the long-term effects of crypto assets. Sitharaman ended by stressing the need for G20 cooperation on crypto regulation...
Breaking! India Joins Forces With The US And IMF To Frame Country’s First-Ever Crypto Bill
India has seen a surge in cryptocurrency trading and investment in recent years. While the potential of cryptocurrency and blockchain technology is widely recognized, the Indian government has express...
Ahead Of Their Lucrative T20 Women’s League, India Are On The Cusp Of Sustained Success
India’s Harmanpreet Kaur (R) and Richa Ghosh (L) gave India strong hope during a tense sem-final … [+] (Photo by MARCO LONGARI/AFP via Getty Images) AFP via Getty Images A giddy Jay Shah, ...
India US Discuss Crypto Before G20 Summit
Crypto News: Indian Finance Minister Nirmala Sitharaman and U.S. Treasury Secretary Janet Yellen discussed crypto ahead of the G20 summit being held in the tech hub Bangalore. There have been discussi...
Private Crypto Ban is a Pivotal Need for India: Comments IMF Chief
The IMF Chief told that there are disagreements over debt restructuring. Kristalina Georgieva commented that banning private crypto should be considered an option. She also told that CBDCs and stablec...